Centre releases Rs 488 crore for State Disaster Mitigation Fund for 2021-22

​​​Based on the recommendations of the 15th Finance Commission, the Centre has allocated Rs 32,031 crore to the SDMF and Rs 13,693 crore to the National Disaster Mitigation Fund (NDMF) for 2021-22 to 2025-26, according to an official release.

Agencies
New Delhi: Union home minister Amit Shah on Friday approved the release of Rs 488 crore to Uttar Pradesh, Punjab and Goa as central share of the State Disaster Mitigation Fund (SDMF) for 2021-22.

Based on the recommendations of the 15th Finance Commission, the Centre has allocated Rs 32,031 crore to the SDMF and Rs 13,693 crore to the National Disaster Mitigation Fund (NDMF) for 2021-22 to 2025-26, according to an official release.

These mitigation funds are meant to be used for undertaking mitigation activities, involving local level and community-based interventions, which will reduce the risks from disasters and promote environment-friendly settlements and livelihood practices.


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Business News › News › India › Centre releases Rs 488 crore for State Disaster Mitigation Fund for 2021-22
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